Ases Foundation
THE MISSION OF THE ORGANIZATION IS TO FOSTER SCIENTIFIC ADVANCES AND ENHANCE THE STUDY OF SHOULDER AND ELBOW SURGERY.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.7M
+41.6% YoY
Annual Giving
$258K
+181.3% YoY
Grant Count
13
+44.4% YoY
Avg Grant Size
$20K
+94.8% YoY
About Ases Foundation
Based on IRS filings
Ases Foundation is a nonprofit organization, based in SCHAUMBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.7M in total assets. In 2024, it awarded 13 grants totaling $258K. Net investment income was $271K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,732,414 | $6,166,369 | $5,579,098 |
| Revenue | $4,101,031 | $1,731,452 | $1,911,127 |
| Expenses | $2,372,340 | $1,522,917 | $1,608,264 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $271,333 | $171,255 | $107,148 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
73 grants across all recorded years
Open Grants
2 open opportunities from Ases Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS W THROCKMORTON MD | TRUSTEE | 1 | — |
| JULIE BISHOP MD | SECRETARY/TREASURER | 1 | — |
| JOSEPH A ABBOUD MD | CHAIR | 1 | — |
| FRANCES CUOMO MD | TRUSTEE | 1 | — |
| JOSEPH ZUCKERMAN MD | TRUSTEE | 1 | — |
| IAN R BRYAM MD | TRUSTEE | 1 | — |
| PETER B MACDONALD MD | PAST PRESIDENT | 1 | — |
| PAUL M SETHI MD | TRUSTEE | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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